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South Korean won rallies to strongest level in nearly two years

South Korean won rose to its strongest level in nearly two years on Monday, helped by a semiconductor-stock rally and ongoing foreign inflows. It gained as much as 1.3% to 1,334.70 per dollar.

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The South Korean won advanced to its strongest level in nearly two years on Monday, supported by a rally in semiconductor stocks and continued foreign inflows into the country’s benchmark equity index. 70 per dollar, its strongest level since October 2024. Its re…